Ali To Expand International Business, Alibaba Cloud 6 Billion Yuan

Yesterday,

The group needs to expand its international business, announces its capital increase of 6 billion yuan (about 1 billion US dollars) to its Ali cloud strategy, which is applied to the research and development of cloud computing, the foundation and technology of big data, and the construction of DT ecosystem.

After obtaining strategic capital increase, Ali cloud will accelerate the deployment of the next generation of data centers in the world, develop cloud computing and data products, and look for more potential DT partners in the world.

"Alibaba group's investment in cloud computing is placed in the highest strategic priority", Alibaba group CEO

It is believed that Ali cloud has ushered in the best opportunity to become a DT world engine in technology and commerce.

Alibaba group CEO Zhang Yong also said that 6 billion investment is just the beginning.

"We hope that Ali cloud can continuously give all businesses and partners new capabilities to help all enterprises upgrade their infrastructure, directly connect consumers, pform data into productivity, and eventually move from IT to DT".

It is understood that Ali cloud in

In terms of development, it opened 6 data centers, such as Silicon Valley and Hongkong, and plans to set up second data centers in Hongkong and the United States, and to deploy new data centers in Singapore, the Middle East, Japan and Europe. In the construction of DT ecosystem, Ali cloud will take the frontier exploration investment in the field of big data, and formulate a support plan for partners to DT pformation.